Explore tech insights, expert opinions, and cutting-edge trends.
Media
Xiaohongshu, the Instagram-style app that gained massive popularity among younger Chinese during the pandemic, is on track to double its profits to over $1 billion in 2024, sources familiar with the company’s operations revealed. This milestone signals a strategic shift from user growth to profitability as the app prepares
Advertising
Perplexity, an AI-driven search platform, is collaborating with UM, a global media agency under IPG Mediabrands, to introduce a novel advertising model. This partnership designates UM as Perplexity's media Agency of Record, entrusting them with launching Perplexity's inaugural brand campaign, managing media buying, and advising on
Artificial Intelligence (AI)
Apple is stepping deeper into the AI race, reportedly partnering with semiconductor giant Broadcom to develop its first AI-focused server chip. This move reflects Apple's growing ambition to power advanced AI processing both on-device and in the cloud. Why Apple Needs AI Server Chips Apple is renowned for
Artificial Intelligence (AI)
If you thought AI had already reached its peak, Google has news for you. The tech giant released Gemini 2.0, a leap forward in what it calls “agentic AI.” This next-gen AI promises not only faster responses and expanded capabilities, but also a vision for the future: AI acting
Finance
Palantir Technologies (NASDAQ: PLTR) has emerged as one of the most prominent artificial intelligence (AI) stocks this year. Shares have skyrocketed 345% year-to-date, outperforming all S&P 500 companies in 2024. Its strategic moves and market optimism around AI continue to fuel investor enthusiasm, but there are rising concerns
Transportation
General Motors (GM) announced it will cease funding for its Cruise robotaxi service, marking a significant shift in its autonomous vehicle strategy. The company will now prioritize developing self-driving technology for personally owned vehicles rather than operating commercial robotaxi fleets. Why GM Pulled the Plug on Cruise Cruise’s robotaxi
Artificial Intelligence (AI)
Google, in partnership with TPG Rise Climate and other investors, is supporting clean energy developer Intersect Power with an investment of over $800 million, the company announced on Tuesday. Addressing AI's Soaring Energy Demand Google's investment aligns with its strategy to expand data center capacity to
Business Insights
Alphabet stock soars on Tuesday, driven by a groundbreaking advancement in quantum computing and growing confidence in the company’s AI tools and future growth. On Monday, Alphabet unveiled its Willow chip, a leap forward in quantum technology. The chip performed a benchmark computation test in under five minutes—a
Semiconductors
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 34% year-over-year increase in November sales, driven by strong demand for its AI-focused chips. The company, a key supplier to tech giants like Apple and Nvidia, posted $8.48 billion in revenue for the month. Despite the robust year-over-year growth, November sales marked
Energy
The dream of nuclear fusion—an energy source that mimics the sun’s core—is closer than ever to becoming a reality. Multiple startups are preparing to demonstrate their progress, with hopes of solving the global energy crisis. However, technological, financial, and scientific hurdles still stand in their way. What
Artificial Intelligence (AI)
Reddit has rolled out Reddit Answers, its new AI-powered search tool that allows users to find summarized content directly on the platform, bypassing traditional search engines like Google. The move marks Reddit's entry into the escalating AI search wars, further modernizing its search experience and driving investor enthusiasm.
Quantum Computing
Google has unveiled its new quantum computing chip, “Willow”, which claims to solve problems in just five minutes that would take the world’s fastest supercomputers a staggering 10 septillion years to complete. This marks a significant milestone in the race for practical quantum computing – a field poised to revolutionize